Description

This recently constructed and fully stabilized 16-unit apartment building in Portland’s Parkrose neighborhood offers a turn-key investment with low-maintenance ownership. Designed with modern systems and contemporary finishes, the property features a balanced mix of unit types that attract a wide range of tenants. Built for long-term durability and operational efficiency, the well-appointed units include quality fixtures, high-end kitchens, and strong existing occupancy. The diverse unit mix supports stable tenancy and consistent cash flow, while the convenient location near NE Sandy Blvd, grocery stores, and public transit makes it especially appealing to both traditional renters and workforce housing demand.